Saturday, February 9, 2013

New wind power cheaper than coal or gas in Australia

Mongabay: Electricity supplied from a new wind farm is cheaper than that from a new gas or coal-fired power plant in Australia, reports a new analysis published by Bloomberg New Energy Finance. According to the study, wind-generated electricity costs AU$80 ($83) per megawatt hour compared with compared to AU$143/MWh ($148) from a new coal plant or AU$116/MWh ($120) from a new baseload gas plant. The rates including the cost of emissions under Australia's carbon pricing system, however "even without a...

URL: http://news.mongabay.com/2013/0208-wind-power-australia.html
Enclosure: http://mongabay-images.s3.amazonaws.com/13/0209_solar_maui_252.jpg

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